BUSINESS DRIVEN TECHNOLOGY
Information Technology's Role In Business
Information technology is everywhere in business.
Information Technology (IT)
- a fields concerned with the use of technology in managing and processing information.
IT is an important enable of business success and innovation.
Management Information system (MIS)
-a general name for the business function and academic discipline covering the application of people, technologies, and produces.
-collectively called information systems.
-to solve business problems.
MIS is a business function, similar to Accounting, Finance, Operation, and Human Resources.
When beginning to learn about information technology it is important to understand the following :
- Data, information, and business intelligence
-IT resources
-IT cultures
Data, Information, BI
Data
-raw facts that describe the charateristic of an event
Information
-data converted into a meaningful and useful context
Business Intelligence
-applications and technologies that are used to gather, provide access to, and analyze data and information to support decision-making efforts
Data in an Excel Spreadsheet
Data turned into information
Information turned into Business Intelligence
IT Resources
People use
Information technology to work with
Information
IT Cultures
Organizational information cultures include:
Information-Functional
Culture
-Employees use information as a means of
exercising influence or power over others. For example, a manager in sales
refuses to share information with marketing. This causes marketing to need the
sales manager’s input each time a new sales strategy is developed.
Information-Sharing
Culture
-Employees
across departments trust each other to use information (especially about
problems and failures) to improve performance.
Information-Inquiring
Culture
-Employees across departments search for
information to better understand the future and align themselves with current
trends and new directions.
Information-Discovery
Culture
-Employees across departments are open to new
insights about crisis and radical changes and seek ways to create competitive
advantages.